2021-2-4 14:43 |
The South African Revenue Service is likely "ensnaring" non-compliant taxpayers, a tax consultancy said in a news report.
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South Korean prosecutors confirmed a report that Kwon sent $7 million to a local law firm in the months leading up to his venture's dramatic fall.
2023-4-17 11:31 | |
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A BOK report deems the risk to South Korea's cryptocurrency market small given that digital asset investments in 2017 were relatively small despite the jump in digital coin prices last year.
2018-7-9 12:29 | |
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While a new crypto classification system has been created, another government agency is conducting an on-site inspection of crypto exchanges following multiple hacks. In addition, the Bank of Korea has released a report with its view on using crypto as a means of payment.
2018-7-9 11:26 | |
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While a new crypto classification system has been created, another government agency is conducting an on-site inspection of crypto exchanges following multiple hacks. In addition, the Bank of Korea has released a report with its view on using crypto as a means of payment.
2018-7-9 09:46 | |
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South Korea’s central bank has stated in a report today that local commercial banks had 2 trillion won (US$1. 79 billion) as of December 2017 in digital assets and currencies. “The. .
2018-7-6 18:03 | |
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Bithumb, the South Korean cryptocurrency exchange are no strangers to being hacked. With this in mind, they have developed quite the approach for dealing with the hacks, so I guess in this respect, at least they are now quite experienced in dealing with their customers best interests in the wake of such events.
2018-7-1 11:00 | |
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South Korea's second-largest exchange just published a report in which it announced that it recovered some of the sum stolen by hackers.
2018-6-28 18:46 | |
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Is it me, or has ‘South Korea’ become a byword for ‘poor cryptocurrency exchange security’? It seems that of late, cryptocurrency exchanges in South Korea are surrounded by security issues that are seeing very large-scale hacks take place, hacks that have allowed for the theft of tens of millions of USD worth of crypto-assets.
2018-6-26 16:30 | |
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South Korea finally responded to recent rumors stating that it will impose a 10 percent tax on cryptocurrency trading profits. According to a recent report, the country’s Ministry of Finance had already denied the existence of such a taxation scheme.
2018-6-26 14:49 | |
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This week, leading South Korean crypto exchange Bithumb experienced a major hack, while Mt Gox, the most notorious exchange to be hacked in bitcoin history, is also back in the news.
2018-6-24 20:05 | |
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The South Korean government will invest 10 billion Korean won (or $9 million) to support blockchain development in the country, with plans to carry out six pilots using blockchain technology. According to a report from CoinDesk Korea, the country’s Ministry of Science and ICT published a blockchain development strategy on Thursday. The agency said the government plans to
2018-6-22 11:53 | |
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On Wednesday, roughly 35 billion Korean won (around $31 million) in cryptocurrency was stolen by hackers from the South Korea-based exchange Bithumb. According to a follow-up report from CoinDesk Korea, Bithumb conducted a security enhancement checkup on June 16, just days before the confirmed hack.
2018-6-20 15:34 | |
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South Korea’s central bank has said that it opposes the idea of issuing a central bank digital currency (CBDC). The news comes from the Bank of Korea’s (BOK’s) report about coins and the crypto-ecosystem, which looked at the possibility of issuing a CBDC and also how digital currencies might influence Korea’s financial sector as a.
2018-6-19 01:00 | |
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A South Korean commercial banks group will initiate a blockchain-powered customer ID verification platform in July 2018, as per the reports on June 12. Reportedly, the Korea Federation of Banks (KFB) will launch their “BankSign” identity verification system to be made use of in both online computer-based and mobile banking. According to the report, development […]
2018-6-15 19:26 | |
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Following the announcement by South Korean crypto exchange Coinrail that it has been hacked, a local publication reported that some banks had identified suspicious transactions at the exchange and stopped providing services to company months before the incident.
2018-6-13 03:40 | |
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GroundX, the blockchain subsidiary of the South Korean messaging giant Kakao, has announced it will work with a government-backed agency to develop blockchain projects focusing on social and public services.
2018-6-12 18:02 | |
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After a three-month long investigation, the South Korean government cleared Bithumb crypto exchange with no evidence of wrongdoing found, a local media report on June 8. The government, which described the investigation as intense and extensive, ran a full audit of the exchange’s dealings by building up a search and seizure operation on the exchange’s […]
2018-6-12 02:22 | |
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Tether has announced the expansion of its USDT token to an eighth blockchain.
The FMA reports two-thirds of the investment fraud reports filed in 2020 were related to cryptocurrency and digital currency trading products.
This is the second bitcoin ETF approved to trade in Canada.
Geely will own 80% of the venture while Concordium will own the rest.
Gates has previously criticized cryptocurrencies and said he'd short bitcoin "if there was an easy way to do it."
A new tie-up with payments firm Klarna brings the exchange access to more than 5,000 banks across Europe.
Local firm Bitcoin Suisse has partnered with the canton of Zug, converting cryptocurrency tax payments into Swiss francs.